Juergen Mossack, partner of the law firm Mossack-Fonseca, leaves the Supreme Court during the trial of the 'Panama Papers' money laundering case in Panama City, Monday, April 8, 2024. (AP Photo/Agustin Herrera)
A judge in Panama has acquitted 28 people accused of money laundering in an international case known as the Panama Papers, including the co-founder of a law firm that authorities say was at the centre of a conspiracy to hide money linked to illegal activities.Juergen Mossack, partner of the law firm Mossack-Fonseca, leaves Panama's Supreme Court in Panama City on April 8.
Prosecutors had accused Mossack, Fonseca and others of creating offshore companies and using complex transactions to hide money from illegal activities related to the so-called car wash corruption scandal involving Brazilian construction company Odebrecht, which pleaded guilty in U.S. federal court to a charge related to using shell companies to hide millions of dollars in bribes paid worldwide to win public contracts.
In addition, the judge lifted personal and property precautionary measures against all the defendants, according to a judicial statement."We feel satisfied in the midst of mixed emotions, because many lives were affected along the way," Guillermina Mc Donald, who was the defence attorney for Mossack and Fonseca, told The Associated Press. Her firm also represented 80 per cent of the accused firm's collaborators.
In June 2022, Mossack, Fonseca and 37 other people were acquitted in a separate money laundering case.Murder of journalist Daphne Caruana Galizia sends shockwaves far beyond Malta: A conversation with CBC News investigative producer Harvey Cashore about why the death of Daphne Caruana Galizia is being felt by journalists around the world. Watch The Investigators Saturdays at 9:30 pm ET and Sundays at 5:30 pm ET on CBC News Network.
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